Translated Abstract
Taking the listed companies implementing Equity Private Placement （EPP） in our country＇s A- share motherboard market as sample, using the financial data from year 2006 to 2009, and according the year of EPP, this paper respectively applies factor analysis to conduct empirical research on the performance changes after the listed companies carry out EPP. The results in- dicate that although EPP has positive impacts on stock holding structure, and the performance of about 70 percent listed companies obtain somewhat increase or stay original level after they carry out EPP, the performance of around 30 percent listed companies falls. The governments should encourage and support the former, at the same time strengthen surveillance over the latter to avoid the behaviors of aimless circling money.
Translated Keyword
equity private placement
factor analysis
operation performance
Access Number
WF:perioarticalCASS_41311746
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